At Longbridge Financial, our team is committed to collaborating with real estate professionals and financial advisors to help senior homeowners enjoy the retirement they deserve. Partnering with Longbridge Financial can help you better serve your clientele and increase your business.
We make selling reverse mortgages as easy as possible by offering resources to help you understand how the process works so you’ll know what to expect.
Discover more about becoming a Longbridge Financial partner below!
Financial Advisors
As a financial advisor, you want to offer your clients the best plan for a secure retirement. That is why it’s imperative that the strategic use of home equity is included in a solid retirement plan. A HECM reverse mortgage, when used strategically as part of an extensive retirement plan, can be a helpful and important tool for your senior clientele to reduce taxes, create an emergency fund, increase cash flow, and much more.
Real Estate Professionals
There’s a quickly expanding group of homebuyers ages 62 and above who would like to right-size, downsize, or upsize into a home that makes the most sense for them in retirement. You can have a competitive advantage over other real estate professionals in your area by becoming familiar with "reverse mortgage for purchase" loans. These types of mortgages were created to help homebuyers 62+ afford and purchase the house they really want for retirement.
Senior Care Professionals
Many professionals working in senior care often see their clients struggle with the fees that come with home health care. Longbridge Financial has helped many seniors leverage their home's equity to help fund these services. By converting a percent of their home's equity into useable cash, many retirees have avoided having their home care services cancelled prematurely or unnecessarily lowered. Others have also selected to make much needed improvements and upgrades to their home to make aging in place easier and more comfortable. Contact me today to learn more about how a partnership with Longbridge can help the seniors you care for.
Residential Builders
As a residential builder, your business can benefit from customers using a HECM reverse to finance a new home build. The process is straightforward. Approved buyers ages 62 and older will use money from their HECM loan to put down a larger portion on their new home build. Their bank will pay the remainder to finish the financing. Since their down payment came from the reverse mortgage, which doesn't require monthly mortgage payments1, home buyers often choose to leverage their added buying power to purchase a larger home or pay for additional builder upgrades. Contact me today to discuss how a partnership can help expand your business.
